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AUD/USD holds steady above 0.6300; looks to US NFP for fresh impetus
AUD/USD stalls the previous day's pullback from the 0.6400 neighborhood, or over a two-week high, and oscillates in a range during the Asian session on Friday ahead of the US NFP. In the meantime, the USD struggles to lure buyers as Trump's sweeping tariffs lift recession fears, which might force the Fed to resume its rate-cutting cycle soon.
USD/JPY recovers slightly from multi-month low; upside seems limited ahead of US NFP
USD/JPY attracts some buyers during the Asian session on Friday and moves away from its lowest level since October set the previous day. Investors scale back their expectations that the BoJ would raise policy rate at a faster pace amid worries that Trump's new tariffs could negatively impact Japan's economy, which is seen weighing on the JPY.
UPCOMING CALENDAR EVENTS
|
GMT
|
Event
|
Vol.
|
Actual
|
Consensus
|
Previous
|
|---|---|---|---|---|---|
| Thursday, Apr 03 | |||||
| 16:30 |
|
|
|
|
|
| 18:25 |
|
|
|
|
|
| 23:30 |
|
-0.5%
|
-1.7%
|
0.8%
|
|
| Friday, Apr 04 | |||||
| 06:00 |
|
|
|
-2.6%
|
|
| 06:00 |
|
|
3.5%
|
-7.0%
|
|
| 06:45 |
|
|
0.3%
|
-0.6%
|
|
| 07:00 |
|
|
|
-1%
|
|
| 08:00 |
|
|
|
0.9%
|
|
| 08:00 |
|
|
0.2%
|
-0.4%
|
|
| 08:00 |
|
|
|
2.3%
|
|
| 08:00 |
|
|
|
|
|
| 08:30 |
|
|
46.7
|
44.6
|
|
| 12:30 |
|
|
|
62.4%
|
|
| 12:30 |
|
|
4.1%
|
4.1%
|
|
| 12:30 |
|
|
0.3%
|
0.3%
|
|
Editors’ Picks
Gold holds positive ground above $3,100, all eyes on US NFP data
Gold price recovers some lost ground to near $3,115 during the late American session on Thursday after facing some profit-taking in the previous session. Escalating concerns over a global trade war and ongoing geopolitical risks boost the Gold price, a traditional safe-haven asset.
What to expect from Bitcoin and XRP following Trump tariffs: Experts weigh in
Bitcoin stretched its decline on Thursday, briefly dropping below $83,000 as President Trump's newly announced reciprocal tariffs extended the crypto market downturn by over 4%. The sustained decline and high volatility highlight Bitcoin's increasing risk to macroeconomic uncertainties.
XRP Price Prediction: Bearish technicals, on-chain indicators signal 68% potential crash
XRP faces increasing bearish sentiment from macro, micro and fundamental factors in April. Weak on-chain indicators ranging from network growth, total supply and active addresses reinforce an impending crash.